My husband and I are in$30K of debt. Living on one income. We dont make anywhere near enough to begin to pay the debt. It is in collection and court. Some say Bankruptcy is a good idea some say no.

Bankruptcy should be your last resort. $30,000 is more than enough to take that route. Just remember, once you file and if approved by the courts, it will be on your credit reports for 10 years. Contact a bankruptcy attorney. Most first visits are free. It's nothing to be ashamed of

Source(s):
Retired bill collector 35 years